NEWS

Hungary: Elastic aircraft wings

Project insight

Hungary: Elastic aircraft wings

An international project called FLiPASED (FLight Phase Adaptive Aero-Servo-Elastic aircraft Design) is being launched to revolutionize aircraft wings, as well as to develop and test so-called active controlled wing design. read...

Poland: Leasing in flying colours

Ffinancing news

Poland: Leasing in flying colours

The initial data gathered by an international organisation Leaseurope indicate that in 2018 the European leasing market recorded a growth by 7.3 % compared to the year before. The Polish leasing industry, thanks to a high level of enterprise financing, advanced from 7th to 5th position in the European ranking. This is the industry’s highest position in history. read...

Polish arms industry driven by domestic orders

Arms Industry

Polish arms industry driven by domestic orders

The growth of military expenditure – observed in recent years and planned in the near future – is, in theory, very good news for arms industry enterprises. Unfortunately, a large proportion of the contracts go to international companies, manly American ones, which results from the political conditions as well as technological capability of Polish defence industry read...

Poland: Records in the shadow of falling car production

Automobile industry

Poland: Records in the shadow of falling car production

Despite the fact that passenger car production decreased last year by as much as 13 %, Polish automotive industry remains, overall, one of the most important sectors for Polish economy’s development. Last year ended with record results in various categories. However, weakening dynamics may indicate future slow-down. read...

Hungary: Ten Startups share HUF 600 million of EU subsidies

Funding

Hungary: Ten Startups share HUF 600 million of EU subsidies

OXO Labs selected 15 innovative investment projects of ten companies for financing, also making use of Economic Development and Innovation Operational Programme (GINOP) 2016 grant funds. A total of HUF 600 million was invested in ten startups, whose solutions include a mobile application enhancing production efficiency, a utility cost free home that can be built in 60 days, a cashless payment solution, a new generation workplace communication application, and an e-sport trainer. read...

Poland: The need for more innovation

Markets

Poland: The need for more innovation

The significant dynamics of Polish economy fosters the growth of production of machinery and devices, the value of which reached almost PLN 49 billion in 2018. In Poland, there was a unblocking of investments, which resulted in more orders for machinery industry from various sectors of domestic production. Furthermore, the machinery industry itself is investing in production capacities, strengthening its market supply and technological lead, thus slowly reaching the standards of industry 4.0. read...

Hungarian researchers help save money in factories

Research

Hungarian researchers help save money in factories

As part of an international consortium, engineers at the Faculty of Mechanical Engineering of the Budapest University of Technology and Economics are developing software algorithms for supporting the maintenance and design of machine tools and industrial robots. read...

Poland: Justified anticipation of the growth of production

Plastic industry

Poland: Justified anticipation of the growth of production

In terms of demand for plastics, Poland ranks sixth in the European Union. The total needs of the European market are estimated to be 58.5 million tonnes, whilst Poland’s share is at the level of 6.5 %. In a situation where the use of polymers for each statistical Pole (75 kg) is still below the EU’s average (92 kg), there is still room for development of the plastics industry. read...

Hungary: The most important industry meeting

Event review

Hungary: The most important industry meeting

The MACH-TECH and INDUSTRY DAYS joint exhibitions were held at the HUNGEXPO Budapest Fair Center Pavilion 4 on 14-17 May 2019, featuring over 550 exhibitors from 20 countries, presenting professionals with the newest industry trends, professional novelties, cost-effective industrial solutions and the latest “spread” of Industry 4.0. read...

Hungary: Smart security for smart automobiles

Automobil Industry

Hungary: Smart security for smart automobiles

Information is the most important new fuel which acts as the driving force of innovation in the automobile industry. Data generated by smart vehicles can be used in several various areas for the development of products and services. read...

Poland needs modern logistics

Logistics

Poland needs modern logistics

In some respects, Poland seems to be Europe’s logistical centre – not only due to its strong position in international road transport (25 % share of the European market) but also as a result of large investments in commercial warehouse space. Over the last five years, it has grown by almost 75 %, reaching 16.9 million m2 in 2018. read...

Poland: Polish industry needs automation

Aautomation

Poland: Polish industry needs automation

Most Polish entrepreneurs believe in the advantages which may be brought by automation and digitalization of production processes. Apart from the automotive industry and a few other industries this has yet to translate into a significant growth of investment in this direction. Polish companies’ interest in industrial automation is usually limited to purchasing one or at most a few processing machines, whilst the automation of a whole production line is relatively infrequent. read...

Hungary: Intelligent rechargeable battery for vehicles

E-Mobility

Hungary: Intelligent rechargeable battery for vehicles

The intelligent rechargeable battery system called Smart Power Pack, developed by domestic owned Enterprise Group, made its debut at the Budapest Boat Show 2019. read...

The market of machinery and devices for wood processing and treatment

Wood industry

The market of machinery and devices for wood processing and treatment

Furniture and wooden product manufacturing is one of the sectors of the Polish industry undergoing dynamic growth, with the total 2018 sales at the level of PLN 95 billion and a very high export potential estimated to amount to EUR 11 billion. However, the Polish companies operating in this industry begin to feel employee shortages. Therefore, machinery park modernization with a big emphasis on the automation of production is necessary. read...

Hungary: Leading food producer using new technology

Company spotlight

Hungary: Leading food producer using new technology

Gyermelyi Group is the leading pasta producer and one of the key food industry enterprises of Hungary. In 2018, Gyermelyi Zrt. constructed a new pasta plant using an investment of HUF 7.2 billion, doubling the factory capacity to 70,000 metric tons a year. read...

We trust in artificial Intelligence

Artificial Intelligence

We trust in artificial Intelligence

We can hardly wait to buy a self-driving car—the first Central and Eastern European opinion poll of IBM has been completed on artificial intelligence. read...

The agricultural machinery industry in 2019

Industry insight

The agricultural machinery industry in 2019

At the moment, forecasting the future economic situation in the Polish sector of ag-ricultural technology resembles reading tea leaves. The only thing which is certain is that within this industry there is no certainty regarding the volume of orders for subsequent quarters and legal and financial conditions for carrying out business activities. This had a clear impact upon the entrepreneurs’ moods, observed by the Polish Chamber of Commerce for Agricultural Machinery and Devices (PIGMIUR) in the final months of 2018. read...

Hungary: BME Formula Racing Team

Racing Team

Hungary: BME Formula Racing Team

The Budapest based BME Formula Racing Team, which has also achieved success on the international stage, has set a truly unique goal for the 2019 Formula Racing season. They are to build one race car instead of two, which will be capable of providing the maximum in both the electric and the self-driving category. read...

Hungary: New Mercedes-Benz Academy

Training Center

Hungary: New Mercedes-Benz Academy

An opening ceremony was held at new training center of the Mercedes-Benz plant, which had been constructed in little over a year. read...

Poland: Industry still insufficiently robotized

Industrial robots

Poland: Industry still insufficiently robotized

Dynamic development of advanced forms of production translates into undiminished interest in industrial robots expressed by many production industries. The growth of sales is noticeable on all markets. The good news for the producers is that the anticipated demand for robotized devices shall sustain the growth trend in the next decade. read...

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